Nigeria’s daily consumption of petrol fell by 25 per cent in July, with diesel and aviation fuel also recording sharp declines as higher pump prices continued to affect demand. Data
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Nigeria’s petrol imports increased by 9 per cent in July, even as daily fuel consumption fell sharply and petrol supply from the Dangote Refinery declined, fresh data from the Nigerian
The Federal Government has called on petroleum marketers to reduce the pump price of petrol, saying Nigerians should benefit from the sharp decline in global crude oil prices. Minister of
The Federal Government has directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) to ensure petroleum marketers do not exploit Nigerians through excessive fuel pricing under the country’s deregulated
Nigeria’s aviation sector is facing renewed turbulence as airlines warn of possible flight disruptions following a sharp and sustained rise in aviation fuel prices across the country. Airline operators say